Dan Frey Home Loans
Call Dan

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$176,938$176,938$256,410
Remaining term (yrs)21.421.430.0
Secondary amount$0$79,472$0
Funding fee$885$885$0
Note rate4.320%4.320%7.400%
Blended rate4.320%5.771%7.640%
1st payment$1,054.05$1,054.05$1,775.33
2nd payment$0.00$596.04$0.00
Taxes / mo$367.08$367.08$367.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.28
HOA / mo$315.00$315.00$315.00
Total monthly$1,886.13$2,482.17$2,658.70
Cash to close$107,962$28,490$28,490